Latest News

May 2012

HMRC’s new approach to IR35

In 2010 the Office of Tax Simplification argued for a suspension of IR35, but due to the potential risk of lost revenues, the Government would not agree.

Prime appointed as Advisors to Sport National Governing Body

When Association Soccer was set up as the inaugural UK governing body for small-sided football leagues they carried out an intensive selection process before appointing Prime as their business advisor.

HMRC defends confusing P35 reminder letters

HMRC has defended its policy of sending out PAYE end of year reminder letters even when P35s have already been filed on time for 2011/12.

Prime appoint new Director of Forensic Accounting

Prime Chartered Accountants have just appointed Adrian Pym as Director of Forensic Accounting.

HMRC target online auction sites

HMRC are requesting detailed information about members belonging to online auction sites. The auction sites involved have been told they have a legal obligation to comply; failure to do so will result in an initial penalty of £300 plus up to £60 per day for any continuing failure.

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